"The supply chain is creaking around the world. There are flash points when it's getting a little harder to get ingredients through, whether it's delays at the borders, the big changes in channel mix," CEO James Quincey said on CNBC's "Squawk on the Street.
"In the United States, the beverage giant is seeing heightened demand from grocery stores and e-commerce channels for its drinks as consumers stockpile food and drinks in preparation for spending more time at home. As a result, the company is focusing on producing the products most important to its business, such as water, soda and sports drinks.Friday, citing the impact of the coronavirus pandemic.
It’s fine, we don’t need that sugar anyway
What a stupid back drop Sarah. Cant ya do better. Sheesh
KO? Really!? Common - people its soda. People are dying. You will ger your sugar water to the masses eventually. 🤦🏼♂️
Cramer has been getting on my nerves.
It’s okay, the supply of US$ is 'unlimited' (tarp man said it on TV) that should move bottles around the world.
SquawkStreet FamiliesFirst
SquawkStreet Back to America!
Oh yes the world really needs Coca-Cola right now! Why aren’t you a responsible company and try to make something that is important to fight this virus? It’s all about money isn’t it for you! And unfortunately this new stimulus will help you instead of the people that are sick.
S&P up today, yet the world's shutting down..
Then it's time to use duct tape.
It’s way too early to ask how fast we will rebound. We’re only approaching PeakCovid
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